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Given that you have bought a call option to purchase Brent blend crude at a strike price of $49 per barrel for a volume of

Given that you have bought a call option to purchase Brent blend crude at a strike price of $49 per barrel for a volume of 200,000 barrels. you have paid a premium of $2.50 per barrel to the counterparty of the contract. During the month in which the option is excercisable, Brent blend is trading at $52.46 per barrel. critically evaluate whether you will excercise your call option and make a vivid judgement based on numerical calculations

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